Economic reforms and the competitive environment of firms

Rogelio Oliva and Fernando F. Suarez

Industrial and Corporate Change, 2007, vol. 16, issue 1, 131-154

Abstract: This article lays out several hypotheses to establish a specific link between structural economic reforms and the competitive environment of firms. We test our hypotheses on data from the steel industry in three post-reform economies. We find that economic reforms tend to have a positive effect on environmental munificence, but they also produce short-term instability in the environment. We elaborate on the implications of our results for managers, policymakers, and scholars. Copyright 2007 , Oxford University Press.

Date: 2007
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